Wall Street Analysts Predict a 48.03% Upside in Ambac (AMBC): Here's What You Should Know

Core Viewpoint - Ambac Financial Group (AMBC) shares have increased by 19.4% in the past four weeks, closing at $9.91, with a mean price target of $14.67 indicating a potential upside of 48% [1] Price Targets and Analyst Estimates - The mean estimate consists of three short-term price targets with a standard deviation of $4.51, where the lowest estimate is $10.00 (0.9% increase) and the highest is $19.00 (91.7% increase) [2] - A low standard deviation suggests a strong agreement among analysts regarding the stock's price movement [2][9] Earnings Estimates and Analyst Sentiment - Analysts show strong agreement in revising earnings estimates higher, which correlates with potential stock price increases [4][11] - Over the last 30 days, one estimate has increased, leading to a 3.7% rise in the Zacks Consensus Estimate for the current year [12] Zacks Rank and Investment Potential - AMBC holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] - The consensus price target may not be a reliable indicator of potential gains, but the implied direction of price movement is a useful guide [14]